BlackRock Floating Rate Income Trust (BGT) Getting Somewhat Positive News Coverage, Analysis Finds

News stories about BlackRock Floating Rate Income Trust (NYSE:BGT) have trended somewhat positive recently, Accern Sentiment reports. The research group rates the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. BlackRock Floating Rate Income Trust earned a coverage optimism score of 0.14 on Accern’s scale. Accern also gave news articles about the investment management company an impact score of 47.5739631573837 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

BlackRock Floating Rate Income Trust (NYSE BGT) traded up $0.08 during mid-day trading on Tuesday, hitting $13.95. The stock had a trading volume of 68,000 shares, compared to its average volume of 75,289. BlackRock Floating Rate Income Trust has a 52 week low of $13.40 and a 52 week high of $14.79.

The company also recently disclosed a monthly dividend, which was paid on Tuesday, January 9th. Stockholders of record on Friday, December 29th were given a dividend of $0.0583 per share. The ex-dividend date was Thursday, December 28th. This represents a $0.70 annualized dividend and a dividend yield of 5.02%.

TRADEMARK VIOLATION WARNING: This report was first published by Transcript Daily and is owned by of Transcript Daily. If you are reading this report on another website, it was illegally stolen and reposted in violation of United States and international trademark and copyright laws. The legal version of this report can be read at https://transcriptdaily.com/2018/01/16/blackrock-floating-rate-income-trust-bgt-getting-somewhat-positive-news-coverage-analysis-finds.html.

BlackRock Floating Rate Income Trust Company Profile

BlackRock Floating Rate Income Trust (the Trust) is a non-diversified, closed-end management investment Company. The Trust’s investment objective is to provide current income, current gains and capital appreciation. The Trust has investments in various sectors, such as oil, gas and consumable fuels; real estate investment trusts; auto components; automobiles; banks; aerospace and defense; air freight and logistics; beverages; airlines; biotechnology; building products; capital markets; chemicals; containers and packaging; communications equipment; diversified telecommunication services; electric utilities; food and staples retailing; food products; healthcare equipment and supplies; electronic equipment, instruments and components; industrial conglomerates; insurance; Internet software and services; household durables; media; household products; independent power and renewable electricity producers, and metals and mining.

Insider Buying and Selling by Quarter for BlackRock Floating Rate Income Trust (NYSE:BGT)

Receive News & Ratings for BlackRock Floating Rate Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Floating Rate Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply